Search found 164 matches

by cj2018
Thu Sep 12, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area budget for $350k family income
Replies: 94
Views: 7648

Re: Bay Area budget for $350k family income

There was a post today by Sam Dogen, the financial samurai, on expenses breakdown for a family of four making $350k a year trying to live a "typical" middle class life in a VHCOL coastal city. https://www.cnbc.com/2019/09/11/you-need-to-make-350000-a-year-to-live-a-middle-class-lifestyle-today-here...
by cj2018
Sat Jun 15, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 101
Views: 18672

Re: Do not use Personal Capital

You guys do understand that they are not storing your passwords in clear text. I bet they are not storing them at all. Your credentials are used to initiate to connection to other financial institutions then a token gets generated between 2 of them, that gets stored in their system and it is used t...
by cj2018
Sun Jun 09, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21037

Re: Paying for rent is throwing away money...myth?

Also the $10,000 SALT limit changed the equation at least slightly less in favor of owning, especially in VHCOL and HCOL areas. My point is that in VHCOL/HCOL, if one already has the means to buy right now but is deciding whether to own or rent, then I'd say owning will be the financially better op...
by cj2018
Sun Jun 09, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21037

Re: Paying for rent is throwing away money...myth?

To OP: The topic of rent vs buy is quite simple: 1. If you plan to sell your house in less than 5 years , don’t bother with buying since transaction cost will mostly likely wipe out any benefits with home ownership. 2. If you don’t live in a HCOL places like SF, Seattle, Boston, NYC, LA or wealthy ...
by cj2018
Sun Jun 09, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21037

Re: Paying for rent is throwing away money...myth?

To OP: The topic of rent vs buy is quite simple: 1. If you plan to sell your house in less than 5 years , don’t bother with buying since transaction cost will mostly likely wipe out any benefits with home ownership. 2. If you don’t live in a HCOL places like SF, Seattle, Boston, NYC, LA or wealthy ...
by cj2018
Sun Jun 09, 2019 2:38 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 22733

Re: VTSAX or VTWAX over the next 35 years?

There will be no end to this discussion as Personal Investing/Finance is a very personal endeavor, and while us Bogelheads are usually very data-driven and logical, unfortunately when it comes to VTSAX and VTWAX, all bets are off and things get a bit wonky and inevitably political for the following ...
by cj2018
Sun Jun 09, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 21037

Re: Paying for rent is throwing away money...myth?

To OP: The topic of rent vs buy is quite simple: 1. If you plan to sell your house in less than 5 years , don’t bother with buying since transaction cost will mostly likely wipe out any benefits with home ownership. 2. If you don’t live in a HCOL places like SF, Seattle, Boston, NYC, LA or wealthy c...
by cj2018
Wed May 15, 2019 9:04 pm
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 22733

Re: VTSAX or VTWAX over the next 35 years?

I always wonder this question - do they non-US investors have equal access to US funds as US investors with regards to non-US funds? The debate between US/International seems largely only applicable to US investors since we are being offered the chance and products of international funds, and not vi...
by cj2018
Wed May 15, 2019 11:45 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 22733

Re: VTSAX or VTWAX over the next 35 years?

VTSAX or VTWAX over the next 35 years? That's Vanguard Total Stock Market Index Fund or the Vanguard Total World Stock Index Fund. What do you think? This is an easy question to answer. Either VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) or VFIAX (Vanguard 500 Index Fund Admiral Sh...
by cj2018
Mon May 13, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12413
Views: 2143286

Re: U.S. stocks in free fall

If the market is only down 2.4% on so much bad news, I see that as a good sign, It only has begun. Perhaps more tomorrow. I need more decline in order for me to Tax Loss Harvest. KlangFool Part of me hopes it will go down more so I can buy the dip. This thread is all I got when market does its shen...
by cj2018
Thu Apr 25, 2019 11:46 am
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

When I first started out as a young BH in early 2018, I was all in on VFIAX. Then in late 2018 I discovered VTSAX and started allocating new savings to VTSAX and also, conveniently, TLHed all my VFIAX to VTSAX through the Dec. crash. Then yesterday I discovered VTWAX thanks to forum member @Vulcan. ...
by cj2018
Wed Apr 24, 2019 4:45 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

willthrill81 wrote:
Wed Apr 24, 2019 4:33 pm
Finding an investment strategy that you can stick with through thick and thin seems very likely to be more important than whether you have a 15% or 0% allocation to ex-U.S. equities.
Absolutely. Stay the course.
by cj2018
Wed Apr 24, 2019 4:42 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

My only expectation is that the World as a whole will continue to develop, grow, prosper as it always does. VTWAX will capture anything and everything that happens in that regard. This is exactly where you are wrong, though... You are extrapolating from the way things work in the US to the world. I...
by cj2018
Wed Apr 24, 2019 4:18 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

OK! I just pulled this country allocation % for VTWAX (Vanguard Total World Stock). I actually don't see anything wrong with this fund given the ER is only 10 basis point (0.1%). What are we arguing here? Vanguard's VTWAX is fundamentally not that different from VTSAX. I thought it was some outrage...
by cj2018
Wed Apr 24, 2019 4:02 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

My only expectation is that the World as a whole will continue to develop, grow, prosper as it always does. VTWAX will capture anything and everything that happens in that regard. This is exactly where you are wrong, though... You are extrapolating from the way things work in the US to the world. I...
by cj2018
Wed Apr 24, 2019 3:55 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

This is exactly where you are wrong, though... You are extrapolating from the way things work in the US to the world. Indexing the Chinese stock market hasn't captured what happened to their economy, for example. Ditto - see my comment above! Neither is VTSAX a perfect proxy for US GDP. Nor do we w...
by cj2018
Wed Apr 24, 2019 3:53 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

OK! I just pulled this country allocation % for VTWAX (Vanguard Total World Stock). I actually don't see anything wrong with this fund given the ER is only 10 basis point (0.1%). What are we arguing here? Vanguard's VTWAX is fundamentally not that different from VTSAX. I thought it was some outrageo...
by cj2018
Wed Apr 24, 2019 3:18 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

My only expectation is that the World as a whole will continue to develop, grow, prosper as it always does. VTWAX will capture anything and everything that happens in that regard. This is exactly where you are wrong, though... You are extrapolating from the way things work in the US to the world. I...
by cj2018
Wed Apr 24, 2019 3:12 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

I have maintained a 15% allocation to International equities for about 11 years now and it has been an appalling drag on my returns. Looking at some charts now, VXUS has underperformed VTI by approximately 50% over the last five years, and 15 % over the past 12 months. I am thinking strongly of thr...
by cj2018
Wed Apr 24, 2019 3:08 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

Here's the million dollar question to all the International peeps on this board: What makes you think Passive Equity Index Fund is the proper vehicle to capture ex-US economic growth? Remember, passive indexing only works as intended under a few market conditions. This is not to say that there's no ...
by cj2018
Wed Apr 24, 2019 2:54 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

My only expectation is that the World as a whole will continue to develop, grow, prosper as it always does. VTWAX will capture anything and everything that happens in that regard. This is exactly where you are wrong, though... You are extrapolating from the way things work in the US to the world. I...
by cj2018
Wed Apr 24, 2019 2:54 pm
Forum: Personal Investments
Topic: Dump international?
Replies: 228
Views: 17334

Re: Dump international?

Here is a question, over the long term do you expect owning International to enhance results or primarily smooth out volatility? My only expectation is that the World as a whole will continue to develop, grow, prosper as it always does. VTWAX will capture anything and everything that happens in tha...
by cj2018
Wed Apr 24, 2019 12:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2118
Views: 221886

Re: "S&P 500 Index closes at record high"

Who would have thought that a simple good news story would elicit such contrary opinions? Seems like some our members have forgotten the Boglehead Philosophy: 1. Develop a workable plan 2. Invest early and often 3. Never bear too much or too little risk 4. Diversify 5. Never try to time the market ...
by cj2018
Wed Apr 24, 2019 12:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2118
Views: 221886

Re: "S&P 500 Index closes at record high"

Bogleheads: I started investing in 1950. The S&P 500 stocks were about 25 . Today the S&P 500 index closed at 2933 (not including dividends). If I had simply purchased the index stocks. and stayed-the-course , I would be much wealthier today. Experience is a very good teacher. Best wishes. Taylor T...
by cj2018
Wed Apr 10, 2019 7:59 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 15189

Re: International under-performance

As I said before, if International was exactly like the US, same regulations same tax structure, but merely called something different--"The United Provinces of America" or something outlandish like that, I would invest. I would go 100% world equity allocation. As it stands however, the Internation...
by cj2018
Wed Apr 10, 2019 7:33 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 15189

Re: International under-performance

So when we zoom out even more, the global economy as it currently stands, really comes down to US (with its European and Asian allies) and China! ( Russia's entire GDP is less than that of 1 province of China so we can ignore Russia's economy from this ). Ok but even if one were to accept that inve...
by cj2018
Wed Apr 10, 2019 6:47 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 15189

Re: International under-performance

DonIce wrote:
Wed Apr 10, 2019 5:51 pm
Trader Joe wrote:
Wed Apr 10, 2019 5:10 pm
Q1: Is there a particular reason for this sustained under-performance?

The U.S.A. is the greatest country in the world.
Seems legit.
Couldn't agree more! See my response above :)
by cj2018
Wed Apr 10, 2019 6:44 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 15189

Re: International under-performance

Globalization is the primary reason that I invest in global and international funds. Excellent companies are headquartered in countries around the world. Many brewing companies are headquartered outside the USA. Joe Sixpack is going to buy beer worldwide. GM is building Buicks in China, VW builds c...
by cj2018
Mon Apr 08, 2019 3:19 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 848
Views: 107625

Re: That's enough for me in 2019

I obviously didn't waste any sec reading through mostly what I assumed would be non-actionable nonsense in this thread, but geez what's up with all the market timers on this forum lol? :oops: Honestly I'm rather impressed by all the BHs who even bothered diligently responding to these threads again ...
by cj2018
Mon Feb 18, 2019 11:40 am
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3860

Re: Why is higher deficit not leading to higher interest rates?

If you believe in sectoral balances, public sector deficits equal private sector surpluses. We saw evidence of this as the savings rate was actually zero to negative when the US ran budget surpluses during the Clinton Administration. When the Obama Administration ran huge deficits early on to comba...
by cj2018
Wed Jan 23, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

I'd do an MS rather than a bootcamp. You're unlikely to get close to $250k out of a bootcamp, even with a CS degree, because you are likely to be very rusty and won't be able to pass the algorithm-heavy interviews. But yeah, you could be making significantly more than $250k within 5 years so financ...
by cj2018
Wed Jan 23, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

A couple of things. Your idea of what rank and file coders make, even in the Bay Area, is distorted. I honestly don’t know anyone who makes $400-600k, unless they’re truly extraordinary. Mid level people at good Bay Area companies can get to $200-250k, but much of that is based on RSU’s, not base s...
by cj2018
Wed Jan 23, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

Definitely stay put and put out feelers for now. Bootcamps will not get you hired at a FAANG-tier company as a software engineer. That is a trajectory towards a likely pay cut. This. Coders are at the bottom of the heap. A startup might take op on. But FAANG? No. What about App Academy -> startup o...
by cj2018
Wed Jan 23, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

I'd do an MS rather than a bootcamp. You're unlikely to get close to $250k out of a bootcamp, even with a CS degree, because you are likely to be very rusty and won't be able to pass the algorithm-heavy interviews. But yeah, you could be making significantly more than $250k within 5 years so financ...
by cj2018
Wed Jan 23, 2019 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

Definitely stay put and put out feelers for now. Bootcamps will not get you hired at a FAANG-tier company as a software engineer. That is a trajectory towards a likely pay cut. It would be more reasonable to do a master’s degree instead. And you would need to not think of this as a *complete* caree...
by cj2018
Wed Jan 23, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

I'd do an MS rather than a bootcamp. You're unlikely to get close to $250k out of a bootcamp, even with a CS degree, because you are likely to be very rusty and won't be able to pass the algorithm-heavy interviews. But yeah, you could be making significantly more than $250k within 5 years so financ...
by cj2018
Wed Jan 23, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

How employable will i be in a few years when im in mid 35s if i get laid off and need to find a similar job? cj2018, Why do you need to care about this if you save like crazy over the next few years? That is a more realistic goal. Pardon me as an older person. I really hate folks that are too lazy ...
by cj2018
Wed Jan 23, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

Please understand I am not being snarky when I ask this next question. You have to be very talented and exceptional to be a software engineer at the big name companies, do you feel confident that is you? Do you contribute to open source projects? Is your github repo full of interesting side project...
by cj2018
Wed Jan 23, 2019 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Re: Need Advice - quit 6-figure job to do coding school?

Thanks everyone for the inputs - they really shed light from different perspectives and give me a lot of food for thought. I know grass isn't always greener on the other side (i've done my fair share of job-hopping..) and as a group i do believe millennial like myself tend to be less tolerant on wor...
by cj2018
Wed Jan 23, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 118
Views: 10263

Need Advice - quit 6-figure job to do coding school?

Hi All, I’ve been comtenplating a complete career change and need advice and guidance from more experienced folks around here. For context, I’m in my late 20s, married no kids, and living in SF Bay Area. I work in a Megacorp in a very stable and chill non-tech role (business strategy) and have been ...
by cj2018
Wed Jan 16, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 57921

Re: John Bogle is dead at 89

What a sad day. Mr. Bogle literally transformed an entire industry. His investing principles are some of the best things an retail investor can ask for. R.I.P Jack.
by cj2018
Mon Dec 24, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12413
Views: 2143286

Re: U.S. stocks in free fall

On a side note, it does alarm me that the TreasurySec was calling his major bank CEO buddies over the weekend from his vacation home and asking for their assurance on bank liquidities when NOBODY in the market even voiced that was of any concerns - what the heck was the guy thinking. That worried m...
by cj2018
Mon Dec 24, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12413
Views: 2143286

Re: U.S. stocks in free fall

Definitely not fun to see portfolio value drop but this is what we signed up for so bogle on and stay the course. Definitely wish i had waited till this Dec. to deploy my "dry powder" but how would i know - hindsight is a bitch, my friends! On a side note, it does alarm me that the TreasurySec was c...
by cj2018
Wed Dec 19, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: raise in the Federal Funds Rate....again
Replies: 10
Views: 2171

Re: raise in the Federal Funds Rate....again

[ quoted post removed by admin LadyGeek] No expert either, but that's the Fed's playbook for the past century and they stick to it like clockwork: For Loop (Frequency: Every 6-10 yrs): Step 1: drop rates gradually which fuels economic expansion based on credit Step 2: wait roughly 6-10 yrs, raise r...
by cj2018
Mon Dec 17, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12413
Views: 2143286

Re: U.S. stocks in free fall

Where are 100% stock folks? Also there were folks who wanted to buy if stock was not at all time high? Are they buying? I threw some money at VTSAX on Friday, because Shirley it can't go down even lower. Shirley this market must be oversold by now. :shock: Of course it can go down lower. And don't ...
by cj2018
Wed Dec 12, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Recession Coming
Replies: 56
Views: 8101

Re: Recession Coming

https://www.cbsnews.com/news/most-cfos-see-a-u-s-recession-coming-by-2020/ We all claim nobody knows nothing about the markets but when you get stories like and people start to believe it this it almost becomes as self fulfilling prophecy. Old news really - nothing to see here. We know recession wi...
by cj2018
Wed Dec 12, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 24290

Re: What percentage of your net worth is your home equity?

Would you count the equity portion of your commuter car in your net worth knowing that you can pocket the delta in car equity if you move to LCOL or Vietnam? Yes, I count it because it is an asset. This is also why net worth is not widely useful. But nevertheless, net worth does equal assets - liab...
by cj2018
Wed Dec 12, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 24290

Re: What percentage of your net worth is your home equity?

I don't even include home equity when I calculate my net worth. It's a place to live that sometimes winds up being, at best, an OK investment. +1 Guys, Don't be average (or majority) Americans and count your Primary Residence home equity as part of your net worth - it's not particularly helpful wit...
by cj2018
Wed Dec 12, 2018 3:23 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 24290

Re: What percentage of your net worth is your home equity?

I don't even include home equity when I calculate my net worth. It's a place to live that sometimes winds up being, at best, an OK investment. +1 Guys, Don't be average (or majority) Americans and count your Primary Residence home equity as part of your net worth - it's not particularly helpful wit...
by cj2018
Wed Dec 05, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 16124

Re: Retirement itch- when did you get it?

It made me wonder, when did a notion about early retirement in your head become an itch, or even an urge? As a classic millennial, I spent my early 20s exploring post-college lifestyle: flying around the country, party every weekend, drive expensive German toys, live in high-end apartments, get int...